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FRIDAY, MAY 12, 1989
COMPARED WITH THE CORRESPONDING INDEXES FOR 1987, MOST INDUSTRIES SHOWED SOME INCREASES IN PRODUCTION, WITH PARTICULARLY LARGE INCREASES RECORDED IN THE FOLLOWING INDUSTRIES : TOBACCO (+23.7 PER CENT}; PROFESSIONAL AND SCIENTIFIC EQUIPMENT, PHOTOGRAPHIC AND OPTICAL GOODS, WATCHES AND CLOCKS (+23.5 PER CENT); MACHINERY, EXCEPT ELECTRICAL 1+22.7 PER CENT); PAPER AND PAPER PRODUCTS [+21.2 PER (+20.3 CENT); AND NEWSPAPER PRINTING, JOB PRINTING AND OTHER PRINTING PER CENT).
ON THE OTHER HAND, THE FOLLOWING INDUSTRIES RECORDED SOME DECREASES IN PRODUCTION: WOOD AND CORK PRODUCTS, AND FURNITURE AND FIXTURES (EXCEPT PRIMARILY OF METAL) (-11.2 PER CENT); RUBBER PRODUCTS (-8.3 PER CENT); PLASTIC PRODUCTS (-4.7 PER CENT); TEXTILES (INCLUDING KNITTING) (-2.6 PER CENT); AND WEARING APPAREL, EXCEPT KNITWEAR AND FOOTWEAR { 0.9 PER CENT).
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IN RELEASING THESE FIGURES, A SPOKESMAN FOR THE CENSUS AND STATISTICS DEPARTMENT EXPLAINED THAT THE INDEX OF INDUSTRIAL
IS PRIMARILY INTENDED TO REFLECT THE CHANGES OVER TIME PRODUCTION LOCAL MANUFACTURING OUTPUT IN REAL TERMS.
OF
IN OTHER WORDS, THE CHANGES IN THE VOLUME OF PRODUCTION IS MEASURED AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES.
A TABLE SHOWING CHANGES IN THE INDEXES OF INDUSTRIAL PRODUCTION IN GREATER DETAIL IS ATTACHED.
GENERAL
MORE DETAILED INFORMATION CAN BE FOUND IN THE "REPORT ON THE IS QUARTERLY INDEX OF INDUSTRIAL PRODUCTION, 4TH QUARTER 1988", WHICH ON SALE AT $3 A COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, POST OFFICE BUILDING, CONNAUGHT PLACE OR AT THE CENSUS AND STATISTICS
PUBLICATION DEPARTMENT
SALES COUNTER, 19TH FLOOR,
TOWER I, 12 HARBOUR ROAD, WAN CHAI.
WANCHAI
REGULAR SUBSCRIPTION
MAY ALSO BE ARRANGED.
FURTHER
ENQUIRIES ABOUT
THE SURVEY MAY BE
то DIRECTED
THE
INDUSTRIAL RESEARCH SECTION OF THE CENSUS AND STATISTICS DEPARTMENT AT TELEPHONE NUMBER 5-8234832.
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